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Short explanation of Birbicator

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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In this video I covered some first basic ideas on the new Birbicator. If you're new to Stoch and to Ichimoku , please study that yourself for now. It's not needed though to get an understanding of Birbicator.

This indicator is not build as buy or sell indicator, but more to give you a visual confluence in trading in the right direction.
Stoch oscillator helps you defining market momentum and overbought and oversold conditions.

We've put the Stoch indicator on steroids combining it with Ichimoku moving average Tenkan and Kijun, which you'll see in the Histrogram.

A few important rules to remember.

• Stock Ribbon Orange and rising above 50 with rising orange histogram above 50 is
“bullish”
Stoch Ribbon Orange and rising above 0 with rising orange histogram below 50 is
“early bullish warning”
Stoch Ribbon Gray and falling below 50 with falling grey histogram below 50 is
“Bearish”
Stoch Ribbon Gray and falling above 50 with falling grey histogram above 50 is “early
bearish warning”

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